Using the following income statements, perform the calculations needed for horizontal analyses. Round percentages to one decimal

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Using the following income statements, perform the calculations needed for horizontal analyses. Round percentages to one decimal place.

LOCKEY FENCING CORPORATION Income Statements For the Years Ended December 31 Net Sales Cost of Goods Sold

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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